U.S. Stocks Close Mixed After New Retail Sales Data
02:44 Share

With record levels of dry powder available for investment, find out what's in store for private markets in 2025 and beyond. Listen to Crafting Capital in partnership with UBS at partners.wsj.com slash UBS, Spotify and Apple Podcasts. Here's your closing bell brief for Friday, February 14th. I'm Danny Lewis for The Wall Street Journal. Stock indexes were mixed as investors processed data showing a surprisingly steep pullback in retail sales.

A new Commerce Department report showed retail sales fell by 0.9 percent in January, partly due to a cold snap. The Dow Jones Industrial Average fell 165 points to close at 44,546. The S&P 500 was nearly unchanged, losing less than a point, and the Nasdaq gained 81 points. Stocks spent the past week being buffeted by updates on President Trump's latest tariff plans, new inflation data, and corporate earnings reports.

For the week, the Dow rose about half a percent, and the S&P and Nasdaq broke two-week-long losing streaks, with the S&P gaining almost 1.5 percent and the Nasdaq advancing 2.6 percent. In individual companies today, shares of Roku gained 14.1 percent after it reported its latest quarterly earnings. The video streaming company posted a narrower-than-expected loss and revenue that beat forecasts thanks to an increase in accounts.

Airbnb stock advanced 14.5% after the company swung to a profit in last year's fourth quarter. The short-term rental company says it plans to invest in new businesses later this year. And online gambling platform DraftKings posted quarterly results that missed expectations, but raised its guidance for 2025 revenue. Shares rose more than 15%.

Before we go, heads up, we'll be taking the day off on Monday for President's Day in the U.S., but we'll be back in your feed on Tuesday morning. Until then, we have a lot more news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.

At KPMG, we make the difference by creating value, like developing strategic insights that help drive M&A success or embedding AI solutions into your business to sustain competitive advantage. KPMG, make the difference. Learn more at www.kpmg.us slash insights.